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Multi-Tenant Office Building For Sale
For Sale
$1,425,000

1618 W Main St, Salem, VA 24153

7,500 SF multi-tenant office building on 1.44 acres.

Property Size7,416 SF
Price / SF$192.15
Days on Market332

Property Features for 1618 W Main St

General Information

Standard status Active
Size 7,416 SF
Class A
Property subtype Office

Building Details

Building Size 7,416 SF
Year Built 2009
Listing Agency:
Listed By: Stephen Pendergrass, SIOR, CCIM
Source: Tcnworldwide
Added: Sep 25, 2025 Changed: Aug 16 Last Checked: Aug 21 at 5:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stephen Pendergrass, SIOR, CCIM

Investment Insights

Based on property information with market context.

The property at 1618 W Main Street in Salem, VA, is a 7,500 square foot multi-tenant professional office building. It is located on the highly sought after W Main commercial corridor and features a dentist office as the anchor tenant. The property sits on 1.44 acres and includes ample parking and a large developable pad for future expansion. The building features solid construction with durable materials and a large parking area. It is located just off W Main Street and is minutes from I-81.

Key Highlights

  • Highly sought after location on W Main commercial corridor in Salem, VA.
  • Large 1.44 acre lot with developable pad for future expansion.
  • 7,500sf multi‑tenant professional office building.

Property Analytics

Current Use

Blue Ridge Dental ... Dental Office Dr. Gregory Harvey, ... Dental Office Roberts Brice DDS Dental Office Velander Breanna R ... Dental Office Gregory Todd Harvey Dental Office

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Spa & Massage Center Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

610
Businesses Nearby

Demographics for 24153, VA

38,728
Population
16,387
Households
2.4
Avg Household Size
44
Median Age
30%
College-Educated
94%
High-School Grad
101.2 sq mi
ZIP Area
383
Density / Sq Mi
$72,691
Median Household Income
$39,851
Median Earnings
$1,058
Median Rent
$251,400
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 7,500 SF multi-tenant office building on 1.44 acres.
Where is this office building located?
The property is located at 1618 W Main St Salem, VA.
What is the asking price?
The asking price for this property is $1,425,000.
What are key features of this property?
This property features: Highly sought after location on W Main commercial corridor in Salem, VA.; Large 1.44 acre lot with developable pad for future expansion.; 7,500sf multi‑tenant professional office building.
More about this property
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